498 FRESHWATER Drive
About This Property
The kitchen features modern appliances, stylish finishes, and a fully customized pantry and utility room, complemented by barn doors and a dedicated office space. The primary suite includes a private thermostat and custom closet.
Enjoy a spacious screened lanai and extended paver fire pit area, surrounded by lush landscaping and a fully fenced yard--perfect for year-round living and entertaining.
Additional features include a whole home Generac generator, plantation shutters, custom garage storage, water softener, smart home features, and NO CDD FEE. Resort-style amenities include a clubhouse, pool, fitness center, and more.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Price Decreased |
$1,049,999
↓ $14K
(1.3%) | |
| Price Decreased | |||
| May 16, 2026 | Price Decreased |
$1,064,000
↓ $20K
(1.8%) | |
| Price Decreased | |||
| Apr 29, 2026 | Price Decreased |
$1,083,500
↓ $12K
(1.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017